Diligence memo · auto-generated · as of July 2, 2026
Harland Medical Systems, Inc.
Harland Medical Systems, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Harland Medical Systems, Inc. operates in Manufacturing, based in Eden Prairie.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Harland Medical Systems, Inc. has raised $6.3M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $5.5M on 2021-08-31.
Most recent recorded round closed around 2021-08-31.
Valuation (modeled)modeled
Provath models Harland Medical Systems, Inc. at approximately $42M (range $7.6M–$175M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.84× the median modeled value of Series A Manufacturing companies in 2019–2021 (113 peers) — value vs value, same stage and era. Within the normal band (84% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 41 months.
Last raise 4.8 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 27.4× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 72% of Manufacturing peers (3257 compared).
Modeled value ranks above 77% of those peers.
Closest niche peers: KPI Acquisition Co LLC, Neon Parent, Inc., Novi Plast Trading SAS, Inrange Systems Inc, Anything Possible Investment, LLC.
Peoplefiled
7 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.